India's Alembic Pharma gains after US FDA nod for schizophrenia drug
** Shares of Alembic Pharmaceuticals ALEM.NS climb 7.8% to 1,169 rupees
** Drugmaker received US FDA nod for Fluphenazine Hydrochloride Tablets, used for treating psychological disorders such as schizophrenia
** Analysts' avg rating on ALEM, rival Dr Reddy's REDY.NS at "hold", while Cipla CIPL.NS rated "buy" - LSEG data
** ALEM's 54% YTD climb highest, trailed by CIPL's 21% and REDY's ~18% gains, respectively; Nifty pharma index .NIPHARM up ~24% YTD
Reporting by Kashish Tandon in Bengaluru
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